Answer :
Answer:
A demand curve for a product with low elasticity appears to be steeper, because the quantity demanded doesn't change much, even if prices do. Products with low price elasticity are described as being inelastic
Explanation:
Answer:
A demand curve for a product with low elasticity appears to be steeper, because the quantity demanded doesn't change much, even if prices do. Products with low price elasticity are described as being inelastic
Explanation: